Palo Alto, CA rental market

What is the average rent in Palo Alto, CA?

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Last updated July 3, 2026

Rental market summary

The average rent for all bedrooms and all property types in Palo Alto, CA is $4,500.

Average rent

$4,500

Month-over-month change

+$250

Year-over-year change

+$254

Available rentals

189

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,250 to $26,000.

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Rent frequencies
Rent priceNumber of rental properties
$1,2001
$1,4001
$1,5001
$1,6001
$1,7001
$1,9004
$2,0003
$2,2002
$2,3003
$2,4002
$2,5004
$2,6003
$2,7002
$2,8002
$2,9003
$3,0001
$3,1003
$3,2001
$3,3004
$3,4005
$3,5004
$3,6006
$3,7005
$3,8003
$3,9004
$4,0002
$4,1002
$4,2002
$4,3005
$4,4003
$4,5005
$4,6002
$4,7002
$4,8002
$4,9003
$5,000+59

Average rent price over time

In the last year, rent has increased by $254 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$3,463$3,850
Feb$3,595$3,800
Mar$3,888$4,120
Apr$3,726$4,250
May$4,050$4,066
Jun$4,750$4,250
Jul$4,298$4,500
Aug$4,000No data
Sep$4,299No data
Oct$3,995No data
Nov$4,449No data
Dec$3,872No data

Market temperature

The Palo Alto, CA rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Palo Alto, CA is 123% higher than the national average.

Palo Alto, CAvs.

$4,500

$2,014

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Frequently asked questions

1. What is the average rent in Palo Alto, CA?

The average rent in Palo Alto, CA is $4,500.

2. What is the average rent for a studio apartment in Palo Alto, CA?

The average rent for a studio apartment in Palo Alto, CA is $2,400 per month.

3. What is the average rent for a one-bedroom apartment in Palo Alto, CA?

The average rent for a one-bedroom apartment in Palo Alto, CA is $3,495 per month.

4. What is the average rent for a two-bedroom apartment in Palo Alto, CA?

The average rent for a two-bedroom apartment in Palo Alto, CA is $5,070 per month.

5. What is the average rent for a three-bedroom apartment in Palo Alto, CA?

The average rent for a three-bedroom apartment in Palo Alto, CA is $6,710 per month.

6. What is the average rent for a four-bedroom apartment in Palo Alto, CA?

The average rent for a four-bedroom apartment in Palo Alto, CA is $8,767 per month.

7. How much does it cost to rent a house in Palo Alto, CA?

Houses in Palo Alto, CA rent between $1,250 - $26,000 with an average rent of $4,500.

8. How has the rent in Palo Alto, CA changed in the last year?

In the last year, the rent in Palo Alto, CA increased by $254

9. How much has the rent in Palo Alto, CA increased/decreased in the last month?

In the last month, the rent in Palo Alto, CA increased by $250

10. How many available rentals are there in Palo Alto, CA?

There are currently 189 rentals available in Palo Alto, CA.

11. How do rent prices in Palo Alto, CA compare with the national average?

The average rent in Palo Alto, CA is $4,500 — 123.44% higher the national average of $2,014.

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